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Hanhwa Asset Management’s Establishment of a Representative Office in Vietnam

2019. 04. 23

In February 2019, Hanhwa Asset Management’s application for Final License in establishing a representative office in Vietnam was approved by the State Securities Commission of Vietnam.
 
Yoon & Yang LLC, as the legal counsel for Hanhwa Asset Management, reviewed Korea’s financial regulations that are related to financial institutions’ establishment of foreign representative offices. The firm also provided comprehensive legal advice on all aspects of financial regulations in Vietnam including application for a license to the State Securities Commission of Vietnam and reviewing securities transactions related laws of Vietnam.
 
It was significant, because Yoon & Yang successfully contributed to Hanhwa Asset Management’s Vietnamese market expansion since Hanwha Asset Management plans to conduct onsite research for the Vietnamese stock market through its Vietnamese representative office.
 

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